> your bank actually owns the place until you've paid the last cent anyway. your bank "owns" the place, but you gain the economic and utilitarian benefits of t

> your bank actually owns the place until you've paid the last cent anyway. your bank "owns" the place, but you gain the economic and utilitarian benefits of the place (after all, you get to live in it, or rent it out and receive income). It's not exactly the same as the bank owning it.